Wincanton chief executive does not see consolidation trend in UK road transport


 

The chief executive of Wincanton does not expect a wave of consolidation in the UK road transport sector, arguing that recent high-profile acquisitions have been standalone deals rather than part of a trend. Colman told Motortransport.co.uk he thought M&A activity – such as XPO’s purchase of Norbert Dentressengle last year – were just strategic moves for individual businesses, rather than a trend for consolidating the UK market. He said: “There have been a number of transactions, but I don’t think […]